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Jan 22, 2013
01/13
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over time. >> pelley: and that's why thee republicans have attached a caveat to their debt ceiling bill. they want senate democrats to do something they haven't done since 2009: pass a budget putting them on the record about to spend how much they want to spend next year and on what, scott. >> pelley: nancy, thank you. major garrett told us a momentrrett to ago the president cited the newtown tragedy in his inaugural his ina address and calling for new gun control measures but did thees but d president change any mindsge any m today? we ask we asked elaine quijano to find out. >> reporter: south philadelphia high school is in one of the toughest parts of the city. every one of principal otis toug hackney's students must pass through these metal detectors. you want to see tighter gun control measures?es >> most definitely. >> reporter: he watched the inauguration with his wife and daughter, nearly 1,300 people were shot in his city last year. like what would you like to see happen happen in the president's second term? >> i would like to see him continue to fight.you know so, you know, t
over time. >> pelley: and that's why thee republicans have attached a caveat to their debt ceiling bill. they want senate democrats to do something they haven't done since 2009: pass a budget putting them on the record about to spend how much they want to spend next year and on what, scott. >> pelley: nancy, thank you. major garrett told us a momentrrett to ago the president cited the newtown tragedy in his inaugural his ina address and calling for new gun control measures but did...
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Jan 23, 2013
01/13
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it could be a key to the house vote today on the debt ceiling battle. nancy cortes is on capitol hill. good morning. >> reporter: good morning. that vote is set to take place in the next couple hours. this is the week we thought the big fight over raising the debt ceiling was going to get under way. that's something senate democrats haven't managed to do since 2009. no budget, no pay. that is the message from the house republican leader. >> americans believe if you don't do your job, you shouldn't get paid. that's the basis for no budget, no pay. >> reporter: the bill they will be voting on today calls for a temporary suspension of the debt ceiling until mid-may, but it requires the house and senate to craft budgets by april while members' salaries will be held in escrow. paul ryan explains the strategy. >> in the house, democrats and republicans have been leading by offering budgets and offering alternatives. the senate hasn't even done that. all we're saying is let's get the senate in here to do that to see how we're going to figure out the problem no
it could be a key to the house vote today on the debt ceiling battle. nancy cortes is on capitol hill. good morning. >> reporter: good morning. that vote is set to take place in the next couple hours. this is the week we thought the big fight over raising the debt ceiling was going to get under way. that's something senate democrats haven't managed to do since 2009. no budget, no pay. that is the message from the house republican leader. >> americans believe if you don't do your...
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Jan 22, 2013
01/13
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. >> reporter: republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view a budget vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity. in our budget that we will pass we'll have tax reform, which many colleagues like but it will include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. susan mcginnis, cbs news, washington. >>> today is the 40th anniversary of the supreme court ruling that legalized abortion. in 1973 the roe v. wade decision said a woman has the right to abort a pregnancy setting off a national debate. today a pro choice group will hold a rally and walk in los altos, a demonstration against female enslavement at
. >> reporter: republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view a budget vote as an...
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Jan 24, 2013
01/13
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CNBC
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ceiling and budget. it seems like the president is still in full campaign mode. his cohort said they're going to engage his campaign infrastructure. >> they're going to set up. >> paul ryan is back to his day job. he's the house budget chairman and he's shown a lot of leadership. i was in williamsburg last week. there was no talk about retrenching and collapsing and giving in to the demands and turning back on their promises. there was great unity and they called the president's and harry reids bluff. they agreed with speaker gingrich when he said don't move the debt ceiling. sequester is the key. >> sequester is the key. it what his boss and president obama do not want. it would trim 1.2 trillion dollars, most of which would come out of social programs. however, if you were going to annihilate the republicans, would you choose to split the gop? in other words, i'm interested in the mechanics of this annihilation scenario. let me begin with immigration. the republican party is split on immigration. i'm g
ceiling and budget. it seems like the president is still in full campaign mode. his cohort said they're going to engage his campaign infrastructure. >> they're going to set up. >> paul ryan is back to his day job. he's the house budget chairman and he's shown a lot of leadership. i was in williamsburg last week. there was no talk about retrenching and collapsing and giving in to the demands and turning back on their promises. there was great unity and they called the president's and...
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Jan 22, 2013
01/13
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republicans are offering a compromise on the debt ceiling, backing onshore flow a requirement to cut $1 for every dollar raised. >> for us to have a debate about spending and debt we've got to have a he can to us beyond budget and what we're going to do to achieve a balanced budget over time. >> a great opportunity for us. in our budget that we will pass, we will have tax reform which many of my republican colleagues like but it's going to include revenues. >> the house is expected to approve the debt limit increase tomorrow. >>> the super bowl will be in new orleans, but police are getting ready for potential problems in san francisco. they arrested a dozen people in the mission district sunday as fans celebrated the 49'ers win in atlanta. most of them were for public intoxication. there were arrests for dui, assault and an outstanding warrant, no reports of vandalism. >>> not to get ahead, but why not? it's worth noting more than a dozen cities had multiple sports championships in a single year. but since super bowl era, only four. baltimore did it in 1970. pittsburgh in 1979. new
republicans are offering a compromise on the debt ceiling, backing onshore flow a requirement to cut $1 for every dollar raised. >> for us to have a debate about spending and debt we've got to have a he can to us beyond budget and what we're going to do to achieve a balanced budget over time. >> a great opportunity for us. in our budget that we will pass, we will have tax reform which many of my republican colleagues like but it's going to include revenues. >> the house is...
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Jan 26, 2013
01/13
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WETA
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we are going to tie everything to the debt ceiling, this budget crisis. they have no leverage over the president. they discover they have no leverage. now they have to find a way to back down. this is their face-saving device to kick it down the road until may. you will see more of this. the president is in a much stronger position of dealing with the congress and house republicans. >> you agree with that? >> i always respect colby's opinion. but i dissent, the president, like any other, absent a national event where he becomes the dominant central dramatic figure, watches his popularity be rationed out day by day. he is strong now. it is hard to believe he will be as strong one year from now. i think what we are facing is not simply the debt ceiling. what we are facing is the sequestration, the automatic cuts of a trillion dollars over 10 years, which many republicans are expressing a willingness now to let set in at the end of march. that would mean another fight and struggle. >> all this will unfold in six months probably. not a year from now. he is in
we are going to tie everything to the debt ceiling, this budget crisis. they have no leverage over the president. they discover they have no leverage. now they have to find a way to back down. this is their face-saving device to kick it down the road until may. you will see more of this. the president is in a much stronger position of dealing with the congress and house republicans. >> you agree with that? >> i always respect colby's opinion. but i dissent, the president, like any...
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Jan 22, 2013
01/13
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. >> republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> senate democrats view a vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity for us, because in our budget that we will pass, we will have tax reform which many of my republicans like but it will include revenue. >> the increase will likely happen tomorrow. >>> one other provision of the debt limit vote is either chamber of congress fails to pass it, the members will not get paid till they either pass a budget or until the 113th congress expires at the end of 2014. >>> the big question for football fans around here is, are you going to the super bowl? >> for most, the answer to that question is no. cbs 5 reporter cate cauguiran has
. >> republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> senate democrats view a vote as an opportunity to raise more...
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Jan 22, 2013
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. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view the vote as an opportunity to raise more money for taxes. >> it's going to be a great opportunity for us. in our budget we lift budget reform which many of my republican colleagues like, but it's going to include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. no dollar amount specifically is in the bill, but the legislation is expected to keep the country paying its bills through mid-may. anne-marie? >> susan mcginnis in washington, thank you very much. >>> the president has also addressed the struggle for equality in this country and broke some new ground. major garrett has that part of t
. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view the vote as an...
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Jan 22, 2013
01/13
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, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the president says he wants to do about investing in the future if you don't have a budget? you can't invest for your kids' college, you can't set aside what you're going to pay for your house payment or anything. the government has to pass one and the senate has not passed one in almost four years. that has caused a lot of the debt and the uncertainty we have today. >> what's going to happen in the house that will force the senate to pass the budget. >> the first thing that will happen is we'll do a short term debt limit increase so it will go to the senate and if the senate
, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the president says he wants to...
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Jan 22, 2013
01/13
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huelskamp sayss "raising the debt ceiling foo a budget to be named llter is something i prrbably wonnt be aale to votee for." reid says: "i am hopeful - cautiously optimisticc- that the 113th congress will be characteeized not by our divvsions, but by our enewed pooprrmise." but as tuesday wwre on there was a noticebale change in ttne. thune says: "we were reminded liberal agenda..boswell says (on cam): "the white house and congress will ave tt get paat their differences quickly with anothee deaadine in march on spending cuts to avoid the &pauttmatic cuts already deeaye once. in washington, ccaig bossell, fox nees." earlier we told you abbut ann effort in the legislature... to make talking on yyor &pcell-phone while driving a primary offense in maryland. maryland. and its our questionn. day.jason writes on against the law asslong asse your hands are free."" but rosemarie writes...."yes...i have been &pcut off too many times by people who are talkiig on phonns. soofar people have alot to say gooo arguments on oth sides.. go to fox-baatimore dot com and tell us what you think. you can al
huelskamp sayss "raising the debt ceiling foo a budget to be named llter is something i prrbably wonnt be aale to votee for." reid says: "i am hopeful - cautiously optimisticc- that the 113th congress will be characteeized not by our divvsions, but by our enewed pooprrmise." but as tuesday wwre on there was a noticebale change in ttne. thune says: "we were reminded liberal agenda..boswell says (on cam): "the white house and congress will ave tt get paat their...
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Jan 24, 2013
01/13
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. >>> today the house voted to suspend the debt ceiling passing a bill that business the country another four months before it risks default but there's a catch. the bill is called no budget no pay. both chambers of congress have to pass a budget resolution or they don't get paid. house democrats against the bill call it a political gimmick. those in favor say it takes the threat of default off the table. >>> we are hearing from manti te'o for the first time since the whole fake girlfriend thing got exposed. the notre dame linebacker spoke to katie couric for her nationally syndicated daytime talk show katie. she asked him why he lied about his internet girlfriend after he found out that she never existed. >> this girl who i committed myself to died on september 12th. now i get a phone call on december 6th saying that she's alive and then i want to be put on national tv two days later and they ask me about the same question. you know, what would you do? >> the katie exclusive will air tomorrow. >>> san francisco congresswoman nancy pelosi says picking out her favorite team for the super
. >>> today the house voted to suspend the debt ceiling passing a bill that business the country another four months before it risks default but there's a catch. the bill is called no budget no pay. both chambers of congress have to pass a budget resolution or they don't get paid. house democrats against the bill call it a political gimmick. those in favor say it takes the threat of default off the table. >>> we are hearing from manti te'o for the first time since the whole...
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Jan 21, 2013
01/13
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they will extend the debt ceiling to may 19, to go to may 19. but if congress does not get a budget done by april 15, i believe it is, then congress' salary will be held in abeyance. in other words, they won't get paid unless they can agree on a budget. so there's a lot of politics in this but i think this would be seen as a good sign that maybe they are going to at least get past this which would have been just a destructive and largely a waste of time when they should be getting on to other things and make the arguments about what we're going to spend the money on, not whether we pay the bills for things we've already purchased. so i think this is probably the best news we've heard today. >> pelley: the president met with the republican leadership at the white house today before he came up there. looks like there's a lot of effort going on by the president now to reach out to the republican leadership. >> schieffer: there's some heavy lifting ahead and this is at least an indication that maybe they're ready to start trying to deal with that ra
they will extend the debt ceiling to may 19, to go to may 19. but if congress does not get a budget done by april 15, i believe it is, then congress' salary will be held in abeyance. in other words, they won't get paid unless they can agree on a budget. so there's a lot of politics in this but i think this would be seen as a good sign that maybe they are going to at least get past this which would have been just a destructive and largely a waste of time when they should be getting on to other...
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Jan 22, 2013
01/13
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half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29, 2009. it clouded 179 round trips to the moon. circumnavigating the globe 73 times. leading senate republicans say it's time for the senate to step up. it has been four year since the senate acted on a budget. in fact, if you believe this. many of you have ipads. ipads didn't exist the last time the senate passed a budget. >> the senate majority didn't say no but he didn't fully embrace the house deal either. >> i'm glad that they sent us up a clean -- they are going to send us a clean debt ceiling bill. the other stuff on it, we'll approach it when we need to. glad we're not facing a crisis here in a matter of
half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29,...
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Jan 22, 2013
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>> reporter: they want to increase the debt ceiling without simultaneous budget cuts but they have a not so hidden agenda so the u.s. could focus the pressure on the senate to pass the first budget in nearly four years. this would take the debt ceiling issue off the table for now but other debates are coming in the weeks ahead. with the fiscal cliff, they have decided to put it off for months and also the current budget expires at the end of march without a spending plan in place, a partial government shut down is possible. house members are scheduled to vote tomorrow and democrats in the senate are on board with it. they are talking about it regarding the debt ceiling when i see you next, kyla campbell, ktvu channel 2 morning news. >> on our website as well, www.ktvu.com. >> i'll take that, including beyonce, she sang the national an them. >>> they are hoping to be led to the suspect involved in the robbery. three people were able to escape from the store after the shooting from the bullet proof glass. >>> they are deciding whether to approve a consulting contract for bradden. they
>> reporter: they want to increase the debt ceiling without simultaneous budget cuts but they have a not so hidden agenda so the u.s. could focus the pressure on the senate to pass the first budget in nearly four years. this would take the debt ceiling issue off the table for now but other debates are coming in the weeks ahead. with the fiscal cliff, they have decided to put it off for months and also the current budget expires at the end of march without a spending plan in place, a...
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in the first place so the debt ceiling and raising it isn't for future budgets or perfume legislations for things that they've already agreed upon so it's just really saying yes to the things that we want. you know when it comes to the economy i guess when it comes to pretty much everything in congress doesn't seem like they can agree on much. this congress has become a tourist for it's kind of a lack of action not only on the budget in the debt ceiling but for a lot of other important pieces of legislation they've been called the do nothing congress of course there was that funny about kind of sad poll about public policy a poll that found their approval rating is worse than cockroaches and root canals and you know i actually spoke to congresswoman eleanor holmes norton and a couple months ago when all this was kind of going on. kind of like. the crunch time of the campaign sees that and of course she's been through. several terms or she's worked there were a lot of congresses and she says that this one is by far the worst here's what she had to say. i said on the house floor show me
in the first place so the debt ceiling and raising it isn't for future budgets or perfume legislations for things that they've already agreed upon so it's just really saying yes to the things that we want. you know when it comes to the economy i guess when it comes to pretty much everything in congress doesn't seem like they can agree on much. this congress has become a tourist for it's kind of a lack of action not only on the budget in the debt ceiling but for a lot of other important pieces...
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Jan 23, 2013
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and debt ceiling. [inaudible conversations] >> thank you for joining us. i know people are still coming in. we're going to get things started. in the interest of time we have to do this in an hour for another event in the room. i'm the director of digital media at the heritage foundation. we do this monthly, conversations with conservatives. heritage has been a proud gardener and today in conjunction with their bloggers preferring with conversations with conservatives today. we are by streaming the event and the heritage foundation page. those of you watching online can treat us as dj b.c. 113. we have four members so far. we'll have a few other service voluntarily. congressman david schweikert, congressman transfer from kansas, congressman duncan would stop carolina and congressman massie from kentucky. if the congressman would care to weigh in on some of the things on the floor this week, particular the no budget, no pay plan outlined at the close of last week coming out of your retreat. if you want
and debt ceiling. [inaudible conversations] >> thank you for joining us. i know people are still coming in. we're going to get things started. in the interest of time we have to do this in an hour for another event in the room. i'm the director of digital media at the heritage foundation. we do this monthly, conversations with conservatives. heritage has been a proud gardener and today in conjunction with their bloggers preferring with conversations with conservatives today. we are by...
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Jan 23, 2013
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[inaudible] the house budget bill. the debt ceiling. i'm very glad that they are going to send us a clean the debt ceiling bill. [inaudible] >> a call during the recess senator leahy. he is a person that everyone knows that is an avid second amendment rights guy. he floridly indicated that there had to be more done with background checks. he said specifically that there was no reason to have certain weapons to go hunting. this is an issue that we need to talk about. what i hope we can do is have a bill reported on the judiciary committee. may not be what everyone wants, but will have some stuff that's really important. my response to that is the same response as before. i am happy that they have a gut feeling that is not tied to entitlement cuts and that is a big step in the right direction. the other stuff is that senator patty murray will be the next person on the and we will see how she wants to proceed. she is experienced legislator and chairman of the super committee and i have full faith in her. >> [inaudible question] newspapers
[inaudible] the house budget bill. the debt ceiling. i'm very glad that they are going to send us a clean the debt ceiling bill. [inaudible] >> a call during the recess senator leahy. he is a person that everyone knows that is an avid second amendment rights guy. he floridly indicated that there had to be more done with background checks. he said specifically that there was no reason to have certain weapons to go hunting. this is an issue that we need to talk about. what i hope we can do...
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Jan 24, 2013
01/13
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. ♪ ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a half. ten and a half billion shares traded. after the closing bell, apple disappointed. hitting earnings targets, but believe it or not missing revenue expectations with a record fourth quarter revenue. the stock trading well below $500 per share in after hours. netflix giving its shareholders reason to cheer. expected to report a loss of $0.13 per share. instead, it reported a profit of $0.13 per share, and the stock up more than 30% right now and after hours trading. the national transportation safety board says testing shows damage to the lithium ion batteries on boeing 787. the ntsb s
. ♪ ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a...
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Jan 23, 2013
01/13
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ceiling - but with a stipuuation the senate passes a budget in the next few months.the white houue says it's ready to work towards something lasting.what we support is a long-term raising of the debt ceiling ssothat we don't have any doubt or the global economy about the simple proposition thattthe unitte states always pays its biilsalso on the ppesident's ccmprehensive immigration reform.and nnthe aftermath of the newtown, connecticut sshool schooting - a push for congress to pass tighter gun pontrol laws.in washington, i'm tory dunnan. 3 the presidenn mmy have a llt of convincing to do... if he wwnts his second--erm agenda to pass passright now...51--ercent off people apppove of the jjb he president is doing.43 perceet disapprove. disapprove....and president obbma...has the 3rd áworstá job approval ratiig for his first term......of any president after world war 2. the avvrage for his first teem wass499point-1.just gerald ford and jimmy ccrter fared 3 coming up innour 6 o'clock hour... 3 gain some weight... ad help our pmrriage. the new study that says young couples wwo pack on the p
ceiling - but with a stipuuation the senate passes a budget in the next few months.the white houue says it's ready to work towards something lasting.what we support is a long-term raising of the debt ceiling ssothat we don't have any doubt or the global economy about the simple proposition thattthe unitte states always pays its biilsalso on the ppesident's ccmprehensive immigration reform.and nnthe aftermath of the newtown, connecticut sshool schooting - a push for congress to pass tighter gun...
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Jan 24, 2013
01/13
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of the debt ceiling, speaker boehner, winning the support of most of his majority as well as 85 democrats for the bill. the speaker embraced congressman paul ryan's new plan to balance the budget in 10 year period. in contrast, partisanship on parade. chamber trying to figure out what clinton knew and when she knew it. no answers were forth coming, and the secretary assumed either no knowledge or no blame over the course of 5 hours of testimony before the senate foreign relations committee and the house foreign affairs committee. this was her reaction to republican senator ron johnson when he questioned her on the administration's false narrative in days and weeks after terrorists killed ambassador christopher stevens and 3 other americans. >> we were mislead, there were supposedly protests and something sprang out of that, that was -- ascertained of that not the fact. and american people could have known that. >> with all due respect, we had 4 dead americans, it was because of a protestor guys out for a walk one night that decided to go kill some americans, what difference, at this point
of the debt ceiling, speaker boehner, winning the support of most of his majority as well as 85 democrats for the bill. the speaker embraced congressman paul ryan's new plan to balance the budget in 10 year period. in contrast, partisanship on parade. chamber trying to figure out what clinton knew and when she knew it. no answers were forth coming, and the secretary assumed either no knowledge or no blame over the course of 5 hours of testimony before the senate foreign relations committee and...
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Jan 23, 2013
01/13
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KRON
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. >> reporter: house republicans are of the debt ceiling - but with a stipulation the senate passes a budget inthe white house says it's ready to work towards something lasting. >> what we support is a long-term raising of the debt ceiling so that we don't have any doubt or uncertainty for businesses the simple proposition that pays its bills >> reporter: also on the president's radar in the next four years- comprehensive immigration reform. and in the aftermath of the in washington, i'm tory >> pam: beyonce.lip syncing the star spangled banner it could be perhaps because of the freezing cold temperatures and yesterday during the inauguration. >> jacqueline: hous and cooler temperatur. for the sierras, this is not going to permit much cold air but we're going to see rainfall at the highest elevations. dry conditions on thursday, friday but there's a chance for more rain this weekend. a look at your extended forecast and dry on thursday. the chance for showers it just a 30 percent chance. 40 percent chance on friday, the computer models are not quite in agreement of what could happen b
. >> reporter: house republicans are of the debt ceiling - but with a stipulation the senate passes a budget inthe white house says it's ready to work towards something lasting. >> what we support is a long-term raising of the debt ceiling so that we don't have any doubt or uncertainty for businesses the simple proposition that pays its bills >> reporter: also on the president's radar in the next four years- comprehensive immigration reform. and in the aftermath of the in...
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Jan 24, 2013
01/13
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starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game. there are harmful games and harmless games. that was a relatively harmless one. obama also supported the passage of this, john, i think that if it had been in danger i think enough democrats would have switched over and voted yes. i think they were just trying to make a point. >> john: that makes me feel better. but let me ask you something the number one criticism from my republican friends has been so budget has been passed. why can't you democrats pass a budget how shameful. how should democrats respond to this? >> well, it is true that they haven't passed a budget. you can say that mat
starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game....
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Jan 24, 2013
01/13
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no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt ceiling for about three months, it also requires the house and senate to pass budget resolutions by april 15th, and if they don't, representatives and senators will not get paid, which is of course, wildly unconstitutional. the 27th amendment prohibits congress from modifying their own paychecks in any way. they can vote to change the pay for future congress only, but republicans passing an unconstitutional bill, while at the same time relieving the pressure on the debt ceiling was welcomed by some democrats as republicans moving from out-right crazy to half-crazy. >> i'm not sure w
no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt...
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Jan 23, 2013
01/13
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today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills and it cuts pay for lawmakers if they can't pass a budget by tax time april 15th. >> most americans believe you don't do your job you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate hasn't pass ad budget in almost four years. >> the last time they pass ad budget the ipad hadn't been introduced. >> reporter: paul ryan will draft the budget with deeper cuts. that's a carrot to get conservatives to go along but some still want to see cuts first. >> will not vote to raise the debt ceiling unless significant efforts are made to fix the under lying problems. >> reporter: senate democrats hint theology pass a budget but not soon. >> approach that when we need to. >> reporter: the white house says even in short term the president will sign pinpoint >> the debt ceiling ought not to be a political football. >> reporter: this republican retreat with one last tanned if they can't compromise lawmakers' paychecks could take a hit. what's still not known
today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills and it cuts pay for lawmakers if they can't pass a budget by tax time april 15th. >> most americans believe you don't do your job you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate hasn't pass ad budget in almost four years. >> the last time they pass ad budget the ipad hadn't been introduced. >> reporter: paul ryan...
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Jan 27, 2013
01/13
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, passed appropriaons,ttach the debt ceiling, send it to the set. i understandhat e senate willorrow the house historian to find out i is they pass a budget of there. [laughs] mj you have been reporting that the republicans don'tare how they g get it, but you also report that there are some republicans that tnk it is okay to go into that peod of sequestration, with the autotic spendi cuts that are across the board, that include defensnse and domestic spendnding. whatre you hearing about the appetite for government shutdown? -- >> as far asas sequestration we hear increasinglyy that lawmwmakers e signaling, well, you know what, we mights well let the sequester take placece because we n't know if the political dynamics will allow w us to come to some e sort of compmpromise withh democrcrats. it highlighthts the tension thatat is there betetween d democrats and repuicans and what thehey want. democrats wantt to raise revenue through h tax reform, republicans e oppoposed to that. in terms of defense spending cuts, they want to replace them th cuts to do
, passed appropriaons,ttach the debt ceiling, send it to the set. i understandhat e senate willorrow the house historian to find out i is they pass a budget of there. [laughs] mj you have been reporting that the republicans don'tare how they g get it, but you also report that there are some republicans that tnk it is okay to go into that peod of sequestration, with the autotic spendi cuts that are across the board, that include defensnse and domestic spendnding. whatre you hearing about the...
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Jan 23, 2013
01/13
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but you made this deal yeah, we are going to extend the debt ceiling. now, it gets attached to a balanced budget. >> two points, in regard to congressman welch. when you have liberal s ip the house and senate, that is their plan to spend more money. i know you are talking about our budget larry, but we have to step back. there is going to be no budget that takes place unless the senate passes a budget. but to get congress both chambers to work together, we need the senate to pass the budget. so we said no budget senate, no pay. that is a way to get the senate to engage. >> i'm not challenging your logic, but i'm challenging your process. the series of dates that is so important one is april 15th. i preseume that is paul ryan's budget. i don't see how you can vote tomorrow on a debt extepgs nsio increase and attach a balanced budget before you know what the balanced budget is. i see that as a problem. i want peter to tackle that. >> we are passing the no budget no pay act. it is going to give both chambers, the senate and the house to pass the budgets. w
but you made this deal yeah, we are going to extend the debt ceiling. now, it gets attached to a balanced budget. >> two points, in regard to congressman welch. when you have liberal s ip the house and senate, that is their plan to spend more money. i know you are talking about our budget larry, but we have to step back. there is going to be no budget that takes place unless the senate passes a budget. but to get congress both chambers to work together, we need the senate to pass the...
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Jan 24, 2013
01/13
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he said that connecting debt ceiling votes and budget negotiations -- connecting debt ceiling votes and budget negotiations was something he said that -- quote -- "we had never done in our history until we did it last year." well, that statement is false. frankly, we shouldn't be talking about responsible spending reform every time we debate any measure in congress that involves spending money. we should seniorly do it when we're debating borrowing more money. the debt limit has been used at least 20 times in the past 60 years specifically tied to debating fiscal reform. for example, in 1954, congress passed a temporary increase specifically as a way to control future finances. in 1967, the house actually defeated a debt limit increase so that it could force president johnson to quit using some of the budget tricks that he had been using. in 1970, the debate over the debt limit included amendments to cut defense spend, impose a spending cap, and freeze congressional pay until congress passed a balanced budget. in 1983, congress actually defeated a debt limit increase bill. senator russe
he said that connecting debt ceiling votes and budget negotiations -- connecting debt ceiling votes and budget negotiations was something he said that -- quote -- "we had never done in our history until we did it last year." well, that statement is false. frankly, we shouldn't be talking about responsible spending reform every time we debate any measure in congress that involves spending money. we should seniorly do it when we're debating borrowing more money. the debt limit has been...
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Jan 24, 2013
01/13
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ceiling extension and they also promised to pass a budget which is sure to be very different than the one house republicans produce this spring. darren gersh, "n.b.r.," washington. >> tom: in the engine that is the global economy, europe continues to be the break. while the u.s. emerging markets and even japan are expected to see slow but study growth this year, the eurozone will shrink for the second year in a row. in an updated prediction, the i.m.f. forecast the global economy to growth 3.5%. that's down slightly from its earlier prediction back in october, thanks in part to the recession continuing in europe. oliveer blargchard joins us. are the policies addressing the recession not working or does it just need for time. >> they are working. the adjustment is very tough. i just heard the numbers you gave. the negative numbers -- these countries have very tough adjustments to make. we know they have to become more competitive. they have a large fiscal deficit they have to eliminate. this is tough, and so these countries have neglecnegativegoals this year. the core countries have th
ceiling extension and they also promised to pass a budget which is sure to be very different than the one house republicans produce this spring. darren gersh, "n.b.r.," washington. >> tom: in the engine that is the global economy, europe continues to be the break. while the u.s. emerging markets and even japan are expected to see slow but study growth this year, the eurozone will shrink for the second year in a row. in an updated prediction, the i.m.f. forecast the global...
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Jan 22, 2013
01/13
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so we debate the questions of the debt ceiling and whether we have a budget. let us be reminded that freedom is a gift of god and that it should not be denied to those who are most vulnerable, those who are the speak, those who cannot stand for themselves answer the president made it very clear that freedom is not to the powerful, it is for all of us. we all are created equal with certain unalienable rights of life and liberty in the pursuit of happiness. i yield back my time. the speaker pro tempore: the gentlewoman yields back the balance of her time. for what purpose does the gentleman from new jersey seek recognition? the gentleman from new jersey is recognized for one minute. mr. pallone: thank you, mr. speaker. today marks the 40th anniversary of roe v. wade, and ultimately decisions about whether to choose adoption, end a pregnancy, or raise a child must be left to a woman, her family, and her faith with the counsel of her doctor or health care provider roe v. wade prevents politicians from interfering with a woman's personal decision. were roe ever to
so we debate the questions of the debt ceiling and whether we have a budget. let us be reminded that freedom is a gift of god and that it should not be denied to those who are most vulnerable, those who are the speak, those who cannot stand for themselves answer the president made it very clear that freedom is not to the powerful, it is for all of us. we all are created equal with certain unalienable rights of life and liberty in the pursuit of happiness. i yield back my time. the speaker pro...
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Jan 24, 2013
01/13
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the house will not consider another debt ceiling increase unless the senate passes a budget the reader not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't have to make fundamental cuts in entitlements. i think that's wrong. i think we have to make substantial cuts in entitlements. we should make substantial cuts in many other components of expenditure as well, defense and nondefense in that trying to address our long term fiscal situation with higher taxes is is going to destroy the economy. gerri: democrats are beating the drum on this already. anyone you listen to from that side of the house is really talking about higher taxes. republicans and conservat
the house will not consider another debt ceiling increase unless the senate passes a budget the reader not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we...
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Jan 23, 2013
01/13
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today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills, and it cuts pay for lawmakers if they can't pass a budget by tax time, april 15th. >> most americans believe you don't do your job, you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate has not passed a budget in almost four years. >> the last time they passed a budget, the ipad had not been introduced. >> reporter: paul ryan will draft the republican budget, likely with deeper cuts than the one he offered last year. that's a carrot to get conservatives to go along, some still want to see cuts first. >> i will not vote to raise the debt ceiling unless significant efforts are made to fix the underlying problem. >> reporter: senate democrats hint they will pass a budget, but not necessarily soon. >> we'll approach that when we need to. >> reporter: the white house says even though it's short-term, the president will sign it. >> the debt ceiling ought not to be a political football. >> reporter: this republican retreat with one last stand. if
today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills, and it cuts pay for lawmakers if they can't pass a budget by tax time, april 15th. >> most americans believe you don't do your job, you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate has not passed a budget in almost four years. >> the last time they passed a budget, the ipad had not been introduced. >> reporter:...
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Jan 25, 2013
01/13
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ceiling and impose budgets that cut the government 40% in ten years, the idea behind those crisis mongers is that we have to slash the heck out of social insurance, out of programs that provide educational opportunities for poor people, out of things that push back against economic inequality. we can't afford it. we must cut them. the crisis dictates it. if there is no crisis and, as krugman and i argue, there is no crisis, if there is no crisis, they're just out there in nowhere land by themselves, by the way, without the majority of the electorate behind them. >> very briefly, jared, if you can, eric cantor says taxes are done, no taxes, so i guess another stalemate to come on that? >> i see -- it's hard to see how the budget that's going to come out of the senate, and i think patty murray is going to do a very good job on that, is going to reconcile with the kind of budgets we're looking at. >> jared bernstein who absolutely deserves the nobel peace prize, thank you, sir, thank you for joining us. and we'll be right back. ♪ alright, let's go. ♪ shimmy, shimmy chocolate. ♪ shimmy,
ceiling and impose budgets that cut the government 40% in ten years, the idea behind those crisis mongers is that we have to slash the heck out of social insurance, out of programs that provide educational opportunities for poor people, out of things that push back against economic inequality. we can't afford it. we must cut them. the crisis dictates it. if there is no crisis and, as krugman and i argue, there is no crisis, if there is no crisis, they're just out there in nowhere land by...
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Jan 22, 2013
01/13
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FOXNEWSW
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the debt ceiling. >> par coming this week, attached to it, pass a budget by april 18th otherwise members wouldn't receive any pay. it's unfortunate that we have to take that step, but the senate hasn't passed a budget now if four years and we need them to outline their priority. >> greta: or you're no? >> yes. >> i'd be hesitant to raise the debt ceiling or just put it on the side for right now. we need real solutions. what he's been outlining here are the true problems that we face today. something, as much as i was in awe seeing the president today and hearing his beautiful speech, one thing that candidate obama when he's running does, if he's very successful at dividing people, but our problems are not about racism or anger or rich or poor, they're numbers and once we realize we can come together and fix the problems and theer mat m and it's sheer mathematics, and only one third of the picture here, the republicans we don't have much of a voice i'd like to see the president and senate work with us. >> we lost the election overall and happened before like jack kemp took that to develop
the debt ceiling. >> par coming this week, attached to it, pass a budget by april 18th otherwise members wouldn't receive any pay. it's unfortunate that we have to take that step, but the senate hasn't passed a budget now if four years and we need them to outline their priority. >> greta: or you're no? >> yes. >> i'd be hesitant to raise the debt ceiling or just put it on the side for right now. we need real solutions. what he's been outlining here are the true problems...
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Jan 23, 2013
01/13
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. >> 10 if i'm hearing you right, john, is that using the debt ceiling as kind of hostage in budget negotiations, democrats feel that they won on that and that this is not going to come back again? >> yes and the ultimate sort of dooms day threat from washington, which is we are going to have a default or either a default on debt or selective payment of federal government obligations, appears to be melting away and that puts us back in the more conventional political back and forth about budgets and the automatic cuts. sequester. that gets us back to where we were in the 1980s. it is more of a norm of a political process. if we can stay there, that's good news for this president because it reduces a threat to the economy and of course good news to people working in the economy in the financial market. >> john harwood, thank you very much. to mary thompson now with breaking news. >> announcing charges against three alleged international cyber criminals. the three have been charged again in infiltrating computers around the world, about a million computers around the world, including 40 thousand h
. >> 10 if i'm hearing you right, john, is that using the debt ceiling as kind of hostage in budget negotiations, democrats feel that they won on that and that this is not going to come back again? >> yes and the ultimate sort of dooms day threat from washington, which is we are going to have a default or either a default on debt or selective payment of federal government obligations, appears to be melting away and that puts us back in the more conventional political back and forth...
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Jan 22, 2013
01/13
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we need to raise the debt ceiling so we should do it. we need to, you know, have a budget and need to reduce the deficit and need to make investments for the future. what he wanted to talk about is what a great country it is and how we need to make sure it's a country that offers opportunity for all americans and expands the middle class. >> you have been in the trenches. you know how divided congress is. do you think by not using words like compromise, by not reaching out in that very high profile speech, that it was a missed opportunity as some republicans are suggesting? >> well, i think that, you know, it's a little bit of looking backwards and the president was looking forward. i think what he was really saying is and reflecting in a way on his last two years, is he sought to compromise and compromise and compromise again and has gotten so little from the republican leadership. i think what the speech yesterday was about is we need to move forward and if going to, you need to know i'm going to be a determined president. we know the
we need to raise the debt ceiling so we should do it. we need to, you know, have a budget and need to reduce the deficit and need to make investments for the future. what he wanted to talk about is what a great country it is and how we need to make sure it's a country that offers opportunity for all americans and expands the middle class. >> you have been in the trenches. you know how divided congress is. do you think by not using words like compromise, by not reaching out in that very...
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Jan 22, 2013
01/13
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FBC
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but republicans decided not to make the debt ceiling a big issue. was a three budget extension and a month supporter of no pay with no budget but we need to focus on spending. it is a problem but we do need more investment was critical infrastructure but they have to be coupled with a concrete and forceful proposal to deal with deficits. neil: hope springs eternal as they went to the party of president has been reelected to undo what bill clinton tried to do not big government as the enemy but efficient doing the will of the people without wasting the money but this president might be the most liberal since fdr not to know if his way is the right way but it could be his way or the highway. we will see you tomorrow.
but republicans decided not to make the debt ceiling a big issue. was a three budget extension and a month supporter of no pay with no budget but we need to focus on spending. it is a problem but we do need more investment was critical infrastructure but they have to be coupled with a concrete and forceful proposal to deal with deficits. neil: hope springs eternal as they went to the party of president has been reelected to undo what bill clinton tried to do not big government as the enemy but...
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Jan 22, 2013
01/13
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but raising the debt ceiling for a budget to be named later is to me something i won't be able to vote for, but we are trying to understand that we have a sequester. but the resequencing issue is interesting and only in washington could that be a word, where we are trying to resequence what is going on here. one thing i remain concerned about, after two years up here, washington is broke and dysfunctional. it is dysfunctional when the president is going to be late in his budget. $50 billion in spending. most of which won't be spent until 2015 and i'll just say when i visit with constituents at home, this is the worst they have come to expect from washington, when the dust settles at the end of the day, washington, no matter who is in charge, they will spend and borrow more money and we'll have hopefully that debate in the next two, three months. but the sequester, by the way is law. there is no need to debate about sequester. that's the law. and i don't know how we win suggesting there is a debate over sequester. but we have an opportunity here to hopefully force the senate to pass a b
but raising the debt ceiling for a budget to be named later is to me something i won't be able to vote for, but we are trying to understand that we have a sequester. but the resequencing issue is interesting and only in washington could that be a word, where we are trying to resequence what is going on here. one thing i remain concerned about, after two years up here, washington is broke and dysfunctional. it is dysfunctional when the president is going to be late in his budget. $50 billion in...
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Jan 23, 2013
01/13
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so weebate the questions of the debt ceiling and whether we have a budget. let us be reminded that freedom is a gift of god and that it should not be denied to those who are most vulnerable, those who are the speak, those who cannot stand for themselves answer the president made it very clear that freedom is not to the powerful, it is for all of us. we all are creat equal with certain unalienable rights of life and liberty in the pursuit of happiness. i yield back my time. the speaker pro tempore:he gentlewoman yields back the balance of her time. for what purpose does the gentleman from new jersey seek recognition? the gentleman from new jersey is cognized for one minute. mr. pallone: thank you, mr. speaker. today marks the 40th anniversary of roe v. wade, and ultimately decisions abt whether to choose adoption, end a pregnancy, or raise a child must be left to a woman, her family, and her faith with the counsel of her doctor or health care provider roe v. wade prevents politicians from interfering with a woman's personal decision. were roe ever to be overt
so weebate the questions of the debt ceiling and whether we have a budget. let us be reminded that freedom is a gift of god and that it should not be denied to those who are most vulnerable, those who are the speak, those who cannot stand for themselves answer the president made it very clear that freedom is not to the powerful, it is for all of us. we all are creat equal with certain unalienable rights of life and liberty in the pursuit of happiness. i yield back my time. the speaker pro...
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Jan 21, 2013
01/13
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ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive step. >> you never get a clean debt ceiling raise. >> yes, you should. >> that's not a question of whether you should. but historically it's not been the case. >> mitch mcconnell proposed it two years ago and we passed it. but let me say this on the budget. we democrats have always intended to do a budget this year. for two reasons. first, it is not true that we haven't had budget control in effect over the last several years. the budget control act of 2011 put rigid spending cuts that are in effect -- that were in effect last year. we cut $1 trillion. we didn't like it. it was much more of a republican type proposal than ours. in effect, it expires this year. so we need a budget. but second, it's going to be a great opportunity for us. because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenu
ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive step. >> you never get a clean debt ceiling raise. >> yes, you should. >> that's not a question of whether you should. but historically it's not been the case. >> mitch mcconnell proposed it two years ago and we passed it. but let me say this on the budget. we...
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Jan 24, 2013
01/13
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we can now focus on more of miami versus duke and everybody else, rather than debt ceiling. but does it end up leading to a may mayhem. one economic disaster gets pushed down the pike, but the debt deal doesn't solve the sequester problem. congressman tom price, vice chair of the budget committee, he joins me next. >>> plus, battle of the sexes, groundbreaking change coming today for women in the military. >>> but first, a look ahead at the president's schedule. at 2:30, he'll nominate former federal prosecutor, mary jo white as the next chairman of the securities and exchange commission and also renominate richard corddry to be director of the consumer financial protection board. can he get confirmed this time? last time he was put in the job by recess appointment. you're watching "the daily rundown," only on msnbc. so if you have a flat tire, dead battery, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah
we can now focus on more of miami versus duke and everybody else, rather than debt ceiling. but does it end up leading to a may mayhem. one economic disaster gets pushed down the pike, but the debt deal doesn't solve the sequester problem. congressman tom price, vice chair of the budget committee, he joins me next. >>> plus, battle of the sexes, groundbreaking change coming today for women in the military. >>> but first, a look ahead at the president's schedule. at 2:30, he'll...
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Jan 21, 2013
01/13
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the debt ceiling debate, presidential report card and quiet market rally. what does it mean for you money? joining us right now, jared bernstein, center on budget and policy priorities and chief economist to vice president biden. also with us, russ koesterich. thanks for joining us. >> thanks, maria. >> russ, let me kick it up with you. a pretty good rally. on thursday the s&p 500 hitting yet another five-year high. is this rally for real? do you think it's sustainable going forward as we continue through this earnings period? >> i think in the short term, it is. i think we're probably going to hit a road bump in february. the reason i say that is we've got a lot of flows coming into the market early in the year. people were nervous in december. they're coming back in to stocks. that's a good thing over the longer term. we do have some issues coming up. the debt ceiling obviously one of them. the second question is we start to get the economic data. how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which may be a bit
the debt ceiling debate, presidential report card and quiet market rally. what does it mean for you money? joining us right now, jared bernstein, center on budget and policy priorities and chief economist to vice president biden. also with us, russ koesterich. thanks for joining us. >> thanks, maria. >> russ, let me kick it up with you. a pretty good rally. on thursday the s&p 500 hitting yet another five-year high. is this rally for real? do you think it's sustainable going...
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debt ceiling but for a lot of other important pieces of legislation they've been called the do nothing congress of course there was that funny about kind of sad poll about public policy a poll that found their approval rating is worse than cockroaches and root canals and you know i actually spoke to congresswoman eleanor holmes norton and a couple months ago when all this was kind of going on. kind of like. the crunch time of the campaign sees that and of course she's been through. been through several terms so she's worked there a lot of congresses and she says that this one is by far the worst here's what she had to say. i said on the house floor show me one. bill for which this congress will be remembered. no one no one followed me to give me an example so it's not only a do nothing congress it's a congress that is has been i think the worst congress since the civil war where it's kind of congress she says since the civil war so they can work together how has that affected their ability to get anything done in the first term and will that change in the second term when we have this
debt ceiling but for a lot of other important pieces of legislation they've been called the do nothing congress of course there was that funny about kind of sad poll about public policy a poll that found their approval rating is worse than cockroaches and root canals and you know i actually spoke to congresswoman eleanor holmes norton and a couple months ago when all this was kind of going on. kind of like. the crunch time of the campaign sees that and of course she's been through. been through...
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Jan 27, 2013
01/13
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house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >> thanks, good to be here with you vago. >> something that's been making headlines is secretary panetta changing the guidance to allow women to serve in combat roles that had been closed to them at one point on a standards based sort of way. but physical fitness standards aren't the same for both sections. are you guys -- sexes. are you guys going to have to establish new standards to make sure they are up for the task? >> we're not going to change standards that matter for war fighting capability. and 237,000 now positions that used to be closed to women will now be presumptivively open to women. we are
house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >>...
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Jan 23, 2013
01/13
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these are comments on the budget and the debt ceiling vote. [video clip] >> as the speaker said, our conference will look to vote on a measure tomorrow that will temporarily extend the debt ceiling so that we can see the senate actually begin to do its job. for several years now, i think about four, the senate has not passed a budget. all we're saying is, if the president and the senate, if this country needs to incur more debt, senate, please show us your plan to repay that debt. please show us your plan to control spending. it's about time that we come together, do our work. american people expect no less. in thewhy we will insist house on a budget, no pay, going forward. host: majority leader eric cantor of the house, speaking yesterday evening. what's your advice to republicans for the second obama administration? john in atlanta, georgia, democrat. caller: how are you? my advice is in the form of this. that the congress in both houses, the senate and the house, work and serve at the pleasure of the american people. my advice is do what is
these are comments on the budget and the debt ceiling vote. [video clip] >> as the speaker said, our conference will look to vote on a measure tomorrow that will temporarily extend the debt ceiling so that we can see the senate actually begin to do its job. for several years now, i think about four, the senate has not passed a budget. all we're saying is, if the president and the senate, if this country needs to incur more debt, senate, please show us your plan to repay that debt. please...
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Jan 28, 2013
01/13
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ceiling without a budget? how do we understand that riddle? >> that is exactly correct. a budget process engages the entire senate, and the united states people in a national discussion of how much taxes, how much spending, how much debt we're going to be able to have and get by and do. and so that is really, really critical, and that process has been gone for four years. we are stumbling from crisis to crisis, secret meeting after secret meeting and secret group after secret group, it has not worked. we ned a public discussion. then we layout how much we're going to spend and how much we are going to tax. bill: doesn't the law say that you have to have a budget? >> bill, it explicitly in the united states code passed in 1974 the senate and the house should pass a budget by april 15th. it should be in the committee marked up by april 1st. those have not been done. and it's just been a direct violation of law. and i've been as you know a big critic of that. it's unthinkable. bill: from new york i've heard you l
ceiling without a budget? how do we understand that riddle? >> that is exactly correct. a budget process engages the entire senate, and the united states people in a national discussion of how much taxes, how much spending, how much debt we're going to be able to have and get by and do. and so that is really, really critical, and that process has been gone for four years. we are stumbling from crisis to crisis, secret meeting after secret meeting and secret group after secret group, it...
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Jan 23, 2013
01/13
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we should not be tying our debt ceiling to an ideological concept about budgets that everybody knows and all of us has had a hand in for political purposes at some time. thank you. >> i might also note about half this congress is two terms or less. we listen to our members who want to have a chance to make sure we did look at the budget moving floor. -- moving forward. we were listening to a number of our members and believe before we have to act that we know what we are doing and offer the same challenge to ourselves. >> may i ask you a question? have you ever voted for a continuing resolution? >> i have. >> we all do it. >> the same opportunity exists for anybody who votes as they will choose. the gentleman is recognized. >> thank you. i agree with my colleague from florida. long past. i would tell him we are in a crisis and the chairman of budget committee, we are still here. the last cycle with the economist from the left and the economist from the right. economist from the left says you are two years away from a serious debt crisis and the congressman from the left said it was f
we should not be tying our debt ceiling to an ideological concept about budgets that everybody knows and all of us has had a hand in for political purposes at some time. thank you. >> i might also note about half this congress is two terms or less. we listen to our members who want to have a chance to make sure we did look at the budget moving floor. -- moving forward. we were listening to a number of our members and believe before we have to act that we know what we are doing and offer...
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Jan 23, 2013
01/13
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, things like debt ceilings and spending in the outyears and budget caps and deficit or debt to g.d.p. ratios, that when distilled into common language these are the essential matters that americans care about. because they affect their livelihoods, they affect their capacity to find work and then find higher-paying work. growth of the economy, growth in job creation is essential to the president's vision. it is the core goal that informs everything he does on domestic policy and international policy. so, he believes that not only is it the right strategy to engage the ic people, it is essential as a reflection of why he's in this to begin with. to explain to them his vision and to listen to them about what their hopes are and the direction that they hope the country will move in. >> [inaudible] >> i have no scheduling announcements to make today but i can assure you he will be hitting the road throughout his second term. >> today marks one of the last times we'll see clinton on the public stage as secretary. we heard her receive a lot of praise from members of the senate this morning
, things like debt ceilings and spending in the outyears and budget caps and deficit or debt to g.d.p. ratios, that when distilled into common language these are the essential matters that americans care about. because they affect their livelihoods, they affect their capacity to find work and then find higher-paying work. growth of the economy, growth in job creation is essential to the president's vision. it is the core goal that informs everything he does on domestic policy and international...
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Jan 27, 2013
01/13
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[applause] the house will not consider another vote to increase the debt ceiling unless the senate passes a budget. we are going to point the country in the right direction. we are going to cut spending. [applause] it will be times when conservatives disagree on the way forward. we have never marched in lockstep. that is not what we do. and healthy debate is a good and needed thing. we can do that in private without doing it in public. we need to give an honest account of our actions and the reasons for that. we should challenge the left and not each other. our founders were men of prudence. take james madison. nowadays they call him the founder of the constitution. he lost some key governments -- arguments. he fought for plan to give the states the same number of states in the government. he wanted to give congress even more power. he wanted it to be able to veto state laws. madison argued vigorously for his side. when it came time to ratify the constitution, there was no greater advocate and james madison. he helped write editorials and called it the federalist papers. he led the charge
[applause] the house will not consider another vote to increase the debt ceiling unless the senate passes a budget. we are going to point the country in the right direction. we are going to cut spending. [applause] it will be times when conservatives disagree on the way forward. we have never marched in lockstep. that is not what we do. and healthy debate is a good and needed thing. we can do that in private without doing it in public. we need to give an honest account of our actions and the...
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Jan 23, 2013
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of dollars in additional budget -- in additional debt ceiling increase and wouldn't be balanced for several decades. let's stop playing games with the form and let's sit down and work on the things we agree upon. i think the american public would support us if we took out tens of billions of dollars of unnecessary spending for redundant nuclear weapons, to reform the scandal that is the crop insurance program that in cents people to plant land that they should not plant and drives up losses. let's accelerate health care reform, like we're doing in oregon, that would save over $1 trillion if it were applied nationally. let's get down and do it. act, don't debate. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: thank you, mr. speaker. i yield one minute to a distinguished member of the ways and means committee, the gentleman from nebraska, mr. smith. the speaker pro tempore: the gentleman is recognized for one minute. mr. smith: mr. speaker, i rise today in support of h.r. 325. the bill is an important step toward getting our fiscal ho
of dollars in additional budget -- in additional debt ceiling increase and wouldn't be balanced for several decades. let's stop playing games with the form and let's sit down and work on the things we agree upon. i think the american public would support us if we took out tens of billions of dollars of unnecessary spending for redundant nuclear weapons, to reform the scandal that is the crop insurance program that in cents people to plant land that they should not plant and drives up losses....
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Jan 29, 2013
01/13
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jon: well, your uncle sam dodging one bullet as congress gets ready to extend the debt ceiling, but another budget battle could shut down the entire federal government. rich edson is lye on capitol hill for the fox business network. what's going on, rich? >> reporter: good afternoon, jon. in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the calendar of deadlines as far as spending is concerned, so next up would be the government spending cuts, the automatic spending cuts known as the sequester followed by march 27th a large chunk of government spending authority runs out. and without an agreement the, basically, no spending agreement there you'd have a government shutdown on may 18th, that's the next debt ceiling deadline if this does manage to pass the house and the u.s. senate and go to the president's desk for his signature. analysts are saying next up now is that big government spending fight dealing with the appropriations process, and it ma
jon: well, your uncle sam dodging one bullet as congress gets ready to extend the debt ceiling, but another budget battle could shut down the entire federal government. rich edson is lye on capitol hill for the fox business network. what's going on, rich? >> reporter: good afternoon, jon. in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the...
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Jan 24, 2013
01/13
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and that's the importance about this, so that we move forward in the new debt ceiling discussion, come may, and put in place real solutions. >> well, in a perfect world, the way congress works, then is, you guys have your budget, the senate has yours. there's a conference committee, and you hash it out, and you end up somewhere, maybe it's 60/40, the senate's way, maybe it's 60/40 your way, maybe it's 50/50. are you okay with that? there's been this assumption that house republicans will not support something that isn't, say, 75 or 80% of what they want. >> well, what we'll support real solutions, that solve the fiscal challenges that we've got. look, we still have 7.8% unemployment. we've had four straight years of trillion-dollar-plus deficits, annually. we've added over $5 trillion to the national debt in the past four years. we can't continue down this road and expect a vibrant economy and jobs being created, which is the real issue. we've got to get america back to work. and the way that you do that is with real solutions that address the spending challenges that we have, in an ho
and that's the importance about this, so that we move forward in the new debt ceiling discussion, come may, and put in place real solutions. >> well, in a perfect world, the way congress works, then is, you guys have your budget, the senate has yours. there's a conference committee, and you hash it out, and you end up somewhere, maybe it's 60/40, the senate's way, maybe it's 60/40 your way, maybe it's 50/50. are you okay with that? there's been this assumption that house republicans will...
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Jan 23, 2013
01/13
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they will not stand in the way of this three-month increase of the debt ceiling. they want a much longer increase. >> ideally we would extend, raise the debt ceiling for a long period of time so that this is not a question, the uncertainty surrounding as of late 20 political strategy house republicans have taken will be removed. >> the senate will take this bill up and pass the bill, so feebly the white house and the senate, it is a done deal. now, and the senate and the house putting a budget together. john boehner said his budget republicans will release shortly will balance the budget in 10 years. david: rich edson, one of the best reporters i know in washington. we are awaiting the numbers on apple. the stock is about 30% off of the all-time high in fall. could we see the earnings decline for the first time in almost 10 years? keep it right here, a very important our coming straight up. sandra: seaway president of iceland is against big bank bailouts. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite p
they will not stand in the way of this three-month increase of the debt ceiling. they want a much longer increase. >> ideally we would extend, raise the debt ceiling for a long period of time so that this is not a question, the uncertainty surrounding as of late 20 political strategy house republicans have taken will be removed. >> the senate will take this bill up and pass the bill, so feebly the white house and the senate, it is a done deal. now, and the senate and the house...
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Jan 24, 2013
01/13
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CURRENT
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yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great land of ours. god bless america. we're booming out to you on your local progressive talk radio station. how lucky you are if you've got one. treasury -- treasure it. support it. this hour only on exirious. all three hours on current tv. good to have you with us. you can actually become a partner in the program. expres
yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is...
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Jan 22, 2013
01/13
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CNBC
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the debt ceiling automatically gets raised and then you don't even have to have this discussion at all. even before the debt fight was pushed off in the spring the equity markets were off to the races, dow and s&p 500 hitting five-year highs. >> again today. the sixth time in a row? >> something like that, and this is just what worries scott stewart of sage view capital. >> scott's firm invests in public and private markets saying the public markets are too complacent and a pullback is a very, very big risk. what he's doing now to make money. good to see you. yes, there is no fee in this right now. the one gauge of year is at a multi-multi-multi--year low and the effect of liquidity is central banks. how markets trade stock. why are you willing to fight that? what we do is have a long-term committed capital pace, know our sectors well and wait for good opportunity to come along. i expect there will be volatility, as the european financial crisis gets dealt with, so we don't get paid to decide when the volatility will come but get paid to be ready. >> the number of analysts said today t
the debt ceiling automatically gets raised and then you don't even have to have this discussion at all. even before the debt fight was pushed off in the spring the equity markets were off to the races, dow and s&p 500 hitting five-year highs. >> again today. the sixth time in a row? >> something like that, and this is just what worries scott stewart of sage view capital. >> scott's firm invests in public and private markets saying the public markets are too complacent and...
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Jan 23, 2013
01/13
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ceiling for three months in exchange for passing a budget. >> it's time for us to come to a plan that will, in fact, balance the budget over the next ten years. >> reporter: today, white house press secretary jay carney indicated the president would not oppose a short-term solution. now, the battles begin in earnest tomorrow when the house is expected to vote on the debt ceiling bill and when secretary of state hillary clinton will face some tough questions from congressional committees when she appears before them to talk about the terrorist attack in benghazi. brian? >> kristen welker on the white house north lawn tonight, thanks. >>> late word tonight that top u.s. commander in afghanistan, general john allen, has been cleared of engaging in any inappropriate behavior regarding his e-mail exchanges with the woman from tampa, jill kelley. this case came to light originally as part of the petraeus affair. and an investigation was launched. >>> the u.s. state department confirms today three americans were indeed killed during that four-day hostage standoff in algeria. seven americans
ceiling for three months in exchange for passing a budget. >> it's time for us to come to a plan that will, in fact, balance the budget over the next ten years. >> reporter: today, white house press secretary jay carney indicated the president would not oppose a short-term solution. now, the battles begin in earnest tomorrow when the house is expected to vote on the debt ceiling bill and when secretary of state hillary clinton will face some tough questions from congressional...
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Jan 22, 2013
01/13
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>> they took a baby step with this debt ceiling thing saying you pass a budget. the next step is to say, okay, as part of a program of fiscal responsibility, we have to do something about this going forward. the reality is, republicans do not have much leverage. they lack the courage of their own convictions. they are scared silly because they think they will lose elections that way. dagen: what is the game plan down the road, though? will they just wait until we are on the verge of these programs starting to run out of at least some money and then they will raise taxes on wealthier people to fund them? there has to be a long game plan >> you are talking about these politicians acting like adults and thinking long-term. i do not think there is a long-term game plan when it comes to dealing with entitlements. connell: paul krugman wrote a big piece about that. we do not have to do with it now, just put it off. >> just think about the debate that we are having right now. democrats are saying we need to raise taxes for government spending. it is medicare, social sec
>> they took a baby step with this debt ceiling thing saying you pass a budget. the next step is to say, okay, as part of a program of fiscal responsibility, we have to do something about this going forward. the reality is, republicans do not have much leverage. they lack the courage of their own convictions. they are scared silly because they think they will lose elections that way. dagen: what is the game plan down the road, though? will they just wait until we are on the verge of these...
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Jan 26, 2013
01/13
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it was a price house conservatives demanded for delaying the debt ceiling just by three months. so this is a deal that republicans made with their members just this week, a deal that will define our budget arguments over the next week. they made this deal, if you don't force us into a politically disastrous showdown, we'll do it with an equally disastrous budget deal. i don't understand what is happening in the republican party right now, but it is not good for them. joining me now, robert greenstein, a man who always understands exactly what is happening. bob, good to see you. >> good to see you, ezra. >> so i guess my question is how, how do you make the budget balance in ten years, and keep to all of these different promises? do you know budget -- you know budgets better than anybody i know, so how? >> so there are three things to start with, and you have already mentioned perhaps the most important. he will take advantage of the revenue increases from the fiscal cliff deal. the second thing is since ryan issued his budget a year ago, the congressional budget office who does
it was a price house conservatives demanded for delaying the debt ceiling just by three months. so this is a deal that republicans made with their members just this week, a deal that will define our budget arguments over the next week. they made this deal, if you don't force us into a politically disastrous showdown, we'll do it with an equally disastrous budget deal. i don't understand what is happening in the republican party right now, but it is not good for them. joining me now, robert...
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Jan 21, 2013
01/13
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i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right? the last four years, in your view? what could he have done better or has he done wrong? >> four years ago right around this time when i was a member of the administration's economics team, i was remembering the juxtaposition of great hope and expectations and the real horror of what was going on in macroeconomy. gdp contracting at 9%. i think the president came in and hit very hard and broke the back of the great recession a lot sooner than people expected. certainly the financial markets were reflated much more quickly and at less expense than people expected. pretty soon, really by the second half of 2009, gdp was growing, and it's been growing since. i think o
i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right? the last four years, in your view? what could he have done...
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Jan 28, 2013
01/13
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the tax cut deal, the big fights over the budget and the debt ceiling and deficit reduction, also the bin laden raid and what happened in egypt and libya. and so i'm looking at how obama made the decisions he made and took, why he took the actions he took in that very perilous time politically, but i also explain how this is all done in a way to set up the 2012 campaign that we just went through. he had a theory after he took that big hit in 2010, he had a theory that he could make the 2012 race a choice not just between him and mitt romney, but a choice between different ideologies, different approaches to government, between different sets of visions and values. and everything he did in that time frame he kept trying to tether to this big idea he had about a choice. and when i wrote the book, of course, we can't know how things would end up on november 6, 2012. but, um, i looked at how he developed his governing strategy and his electoral strategy, and it really culminated in november. so this is the back story to what happened in this presidential campaign. >> host: david corn, "sh
the tax cut deal, the big fights over the budget and the debt ceiling and deficit reduction, also the bin laden raid and what happened in egypt and libya. and so i'm looking at how obama made the decisions he made and took, why he took the actions he took in that very perilous time politically, but i also explain how this is all done in a way to set up the 2012 campaign that we just went through. he had a theory after he took that big hit in 2010, he had a theory that he could make the 2012...
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Jan 23, 2013
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there's a new debt ceiling plan from speaker john boehner and the house republicans that could force senate democrats to finally show their hand and pass a budget. plus it's only day four of president obama's second term, but joe biden is already commenting on possibly running for the top job himself in 2016. we'll show you what he said in a minute. first the new developments in the debate over guns in america. the national rifle association last night delivered a sharp response to president obama's inaugural address. speaking in reno, nevada, way waywayn wayne lapierre lashed out at one word from president obama. >> we cannot mistake absolutism, or treat name calling as reasoned debate. >> obama wants to turn the idea of absolutism into a dirty word, just another word for extremism. he wants you, all of you, and americans throughout all of this country, to accept the idea of principles as he sees fit. it's a way of redefining words so that commonsense is turned upside down and that nobody knows the difference. >> lapierre vowed not to give ground on gun control including efforts to
there's a new debt ceiling plan from speaker john boehner and the house republicans that could force senate democrats to finally show their hand and pass a budget. plus it's only day four of president obama's second term, but joe biden is already commenting on possibly running for the top job himself in 2016. we'll show you what he said in a minute. first the new developments in the debate over guns in america. the national rifle association last night delivered a sharp response to president...
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Jan 26, 2013
01/13
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when you look at sequestration, the budget, the spending cuts and the debt ceiling, we believe it's a dog-and-pony show. it is not going to get cut, it's only going to get larger. >> he never spoke about the budgets, living within our means, making difficult choices, just the opposite. he seems to want to lock in this permanent welfare, dependency mentality and state which now is in the country, which pretty much guarantees that america becomes greece. >> there is no question, you have a philosophical, ideological commitment to growing government. and you have the sad reality that there are a lot of go-long to get long governments. politics in washington is like professional wrestling. okay? there is this demonstration going on, but it's kind of scripted. it doesn't rae really get to the full truth of what is going on. >> there are two other issues we haven't dealt with yet. one is the media -- they are not doing specials on this. the american people -- you know what? i don't know if they are aware or they don't care -- you want to weigh in here. but the bottom line is, they voted in
when you look at sequestration, the budget, the spending cuts and the debt ceiling, we believe it's a dog-and-pony show. it is not going to get cut, it's only going to get larger. >> he never spoke about the budgets, living within our means, making difficult choices, just the opposite. he seems to want to lock in this permanent welfare, dependency mentality and state which now is in the country, which pretty much guarantees that america becomes greece. >> there is no question, you...
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Jan 22, 2013
01/13
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they're not calling for any spending decreases in this debt ceiling increase. the white house put out a statement said it would not oppose a short-term debt deal though neither getting real specific whether or not they would actually agree to what the house is hoping to pass tomorrow. back to you. david: rich, reading through that, frankly didn't take too long to read through the president's speech because it was so short, there was no indication, i saw no incation, one reference to the deficit, a throwaway line said we have a big deficit. we have to do something bit, with you we still have to continue with all the spending. i didn't see anything about cutting back on spending. did you? >> no, david. in fact that was more a defense of government in the president's speech, overarching theme of his governing philosophy and one has not been about cutting any type of enlightment spending when it comes to medicare, medicaid and social security and cutting benefits those receive. lauren: i am president, hear me roar. rich edson, working in washington, d.c. you have t
they're not calling for any spending decreases in this debt ceiling increase. the white house put out a statement said it would not oppose a short-term debt deal though neither getting real specific whether or not they would actually agree to what the house is hoping to pass tomorrow. back to you. david: rich, reading through that, frankly didn't take too long to read through the president's speech because it was so short, there was no indication, i saw no incation, one reference to the...
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Jan 23, 2013
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for example, my hope is when they want to do another gimmicky kind of increase in the debt ceiling, just three months, and if a budget doesn't pass, then members of congress can't get any pay, their pay is held up, i think that we ought to ask them, then, to put up all the votes, i mean enough votes to pass the bill, to see if their members, who have pledged not to raise the debt ceiling, who said they wouldn't do it unless there were deep cuts for every dollar, for every dollar that the debt ceiling was raised, a dollar in cuts. >> sure. >> let's see what they do tomorrow. >> congresswoman jan schakowsky, thanks for joining us tonight. appreciate it so much there a lot more coming up in the next half hour of "the ed show." stay with us. >> this is our generation's rendezvous with destiny. >> republicans can't win elections with their policies. so rights in the gang are hard at work rigging the electoral college system. the latest stunner from virginia is next. >> he's had it with taxes. he says he's going to take drastic action. he says he's had enough. >> legendary golfer phil mickelso
for example, my hope is when they want to do another gimmicky kind of increase in the debt ceiling, just three months, and if a budget doesn't pass, then members of congress can't get any pay, their pay is held up, i think that we ought to ask them, then, to put up all the votes, i mean enough votes to pass the bill, to see if their members, who have pledged not to raise the debt ceiling, who said they wouldn't do it unless there were deep cuts for every dollar, for every dollar that the debt...
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Jan 26, 2013
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now, in order to get the votes to allow the debt ceiling to be raised three months, speaker boehner promised his members the opportunity to vote on a budget that would be balanced within ten years. you can't tell people between 55 and 65, don't listen to this anyway. cure not going to be affected by this. if you balance the budget in ten years. so they're their challenge in winning over americans to the vision of smaller government and practical way is getting tougher. gwen: when you see something like the senator from georgia who says today he's not going to run. he said nothing to do with the fact he split had tea party challenge coming up. but people like that, mitch mcconnell, senate minority leader, getting a little nervous. >> i think that is a real link between what john is talking about. in that the people who are in office have got to worry about the tea party and its demands for these really significant cuts. and then you have r.n.c. down in charlotte saying, let's not focus on those things anymore at an event, by the way, where no tea party person was invited. how can they balls t
now, in order to get the votes to allow the debt ceiling to be raised three months, speaker boehner promised his members the opportunity to vote on a budget that would be balanced within ten years. you can't tell people between 55 and 65, don't listen to this anyway. cure not going to be affected by this. if you balance the budget in ten years. so they're their challenge in winning over americans to the vision of smaller government and practical way is getting tougher. gwen: when you see...
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Jan 29, 2013
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the senate is expected to approve the no budget, no pay act this week as part of the debt ceiling bill. the legislation would require both the house and senate to set a budget by april 15th or members will not get paid. the house passed the measure with bipartisan support last week. i'm joined now by david walker, president of the come back america initiative and cofounder of the no labels movement, which originally proposed the no budget, no pay idea. good to see you. good morning. >> good to be with you. >> so you've pushed this no budget, no pay act since 2011, and now that it could pass this week, explain what you hope to accomplish. >> we hope to accomplish for the first time in four years, where the house, the senate, and the president will all have budgets on the table, which hopefully will facilitate a more honest and full discussion and debate about what do we need to do to put the finances of this country in order, because they're poor and deteriorating. >> do you think that people are surprised to learn that that hasn't happened? >> well, i think a lot of people are surprise
the senate is expected to approve the no budget, no pay act this week as part of the debt ceiling bill. the legislation would require both the house and senate to set a budget by april 15th or members will not get paid. the house passed the measure with bipartisan support last week. i'm joined now by david walker, president of the come back america initiative and cofounder of the no labels movement, which originally proposed the no budget, no pay idea. good to see you. good morning. >>...
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Jan 24, 2013
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there will be two more fights before we get back from the debt ceiling. why did they do this? i'll bring in a couple of guests to sort that out. first of all grace she wrote a very good piece about that today. and our own political correspondent michael shure and he joins us here. grace, i have a theory, and i'm going to read a quote from chris chocola. he said, the club for growth will not oppose tomorrow's vote on the debt ceiling. the club for growth will, on the other hand, strongly oppose any efforts during the upcoming debate over the continuing resolution and sequester that fail to arrest out-of-control spending and put sensible limits on the growth of government. let me put me read on that, it's too hard. first of all am i reading that right. >> i think you are reading that right. the republicans realize that they're at a disadvantage. their message has not been working, and they're more likely to get the spending cuts that they want in a budget fight than a long-protracted fight over the debt ceiling. >> cenk: i'm going to be controversial. i don't think so, and i'll
there will be two more fights before we get back from the debt ceiling. why did they do this? i'll bring in a couple of guests to sort that out. first of all grace she wrote a very good piece about that today. and our own political correspondent michael shure and he joins us here. grace, i have a theory, and i'm going to read a quote from chris chocola. he said, the club for growth will not oppose tomorrow's vote on the debt ceiling. the club for growth will, on the other hand, strongly oppose...
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Jan 29, 2013
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the debt ceiling. but come back to your answer here, is that the motivation for harry reid not to produce a budget, he doesn't want to offend people? >> they d want to produce a budget because it makes you make choices. coming out of the 2010 election he was afraid and they were afraid of loosing their majority. they ae avoided every tough issue. we hardly did anything in the senate. when you have to budget you have to make decisions you can't speak in platte taoudz. that's why they've avoided doing a budget. think their time is up. they said they are going to produce a budget this year. that's important. look what we did this paul ryan's budget and how they beat it up. that's why they didn't want to produce one of their own. bill: it's my assumption that the senate produces a budget in april and it goes to the house and they say we are not moving on that. >> the normal process begins of negotiates where the two sides have to reconcile their differences in what they call a conference. this is the way t
the debt ceiling. but come back to your answer here, is that the motivation for harry reid not to produce a budget, he doesn't want to offend people? >> they d want to produce a budget because it makes you make choices. coming out of the 2010 election he was afraid and they were afraid of loosing their majority. they ae avoided every tough issue. we hardly did anything in the senate. when you have to budget you have to make decisions you can't speak in platte taoudz. that's why they've...